by Laberee Law | Dec 8, 2023 | Trending Topics
Here it comes . . . a new reporting requirement applies to many small companies formed under the laws of U.S. jurisdictions. It also applies to some non-U.S. companies qualified to do business in the United States. The new law calls for the disclosure of beneficial...
by Laberee Law | Jun 20, 2023 | Trending Topics
Early- and mid-stage companies should be aware of the new Corporate Transparency Act (CTA) 31 U.S. Code § 5336 which takes effect on January 1, 2024. https://www.law.cornell.edu/uscode/text/31/5336. By its terms, the CTA imposes on many of the U.S.’s 30,000,000...
by Laberee Law | Oct 24, 2022 | Trending Topics
Data privacy. Sounds like a good thing, but many businesses with customers or clients across the U.S. and Europe must now give the topic a lot more attention than before. In the U.S., California (see the California Consumer Privacy Act) and Massachusetts (see the Fair...
by Laberee Law | Mar 20, 2020 | Trending Topics
Sometimes “topics” are “trending” and we do not even know why. The current you-know-what pandemic may affect business owners, employees and investors whose transactions are “in the works”. What may happen to those pending deals? One or more parties may get cold-feet...
by Laberee Law | Jul 20, 2018 | Trending Topics
In many parts of life, an even split is a symbol of trust and fairness. “Even-Steven”. “One for all and all for one”. So why do business lawyers dislike 50-50 governance and ownership in corporations and LLCs? The answer is: deadlock. If two shareholders cannot...
by Laberee Law | Jan 29, 2018 | Trending Topics
“Best Efforts” in Contracts In a commercial transaction, the contract parties make certain promises to each other about the way things are and about what they will do in the future. Some examples: “I promise to obtain the software license by the end of the year.”...